Authentidate Holding (ADAT) Reports Q3 Loss Per Share of $0.06

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Authentidate Reports Fiscal 2015 Third Quarter Results

May 20, 2015 4:00 PM EDT

BERKELEY HEIGHTS, N.J., May 20, 2015 (GLOBE NEWSWIRE) -- Authentidate Holding Corp. (Nasdaq: ADAT), a provider of secure web-based revenue cycle management applications and telehealth products and services for healthcare organizations, today announced financial results for the three-month and nine-month periods ended March 31, 2015.

Business Highlights for the Third Quarter:

Revenues of $769,000 Improved gross margin for the quarter to approximately 58.5% compared to 31.6% in the prior year quarter Expanded commercial pipeline of qualified deals

Ian Bonnet, Chief Executive Officer of Authentidate,... More